NZ construction costs fall for the first time in more than a decade
Jul 2024 - New Zealand's residential construction industry experienced its first recorded drop in the cost to build a new house in at least 12 years, with the latest Cordell Construction Cost Index (CCCI) revealing a 1.1% decrease in the three months to June.
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What's included in a Halo Guarantee
Building a new home or making a significant alteration is probably the biggest investment you’ll ever make, and if anything goes wrong it could be the most costly too. Find out what is covered and not covered by a Halo 10-Year Residential Guarantee.
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New Zealand Design Inspiration
View a gallery of residential projects for ideas on home building, renovation & design for bathroom, kitchen, extensions, landscaping, outdoor living & more.
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How to reduce building costs
There are several options that can save you money, but they're not without drawbacks.
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Square metre rates
Dollars per square metre is the most commonly communicated cost by many builders. Is it truly reflecting the costs of the house? Is it the right metric?
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PC & Provisional Sums
Provisional and Prime Cost Sums are something that can be used when details may be unclear… but how and when you use them and how they should be managed are often unclear.
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Builder's margin
For any business to run successfully, they need to be generating revenue. Almost all common consumer products and services have a markup that's included in the final price.
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Making it happen
When you design from scratch for people, specific to a site and its orientation, some things often haven't even been thought of by local authorities.
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Talking Money
Elephant In The Room: How Much Profit Does Your Builder Make?
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